Mycelium Partners with BlocPal to Enable Crypto-Fiat Solutions for Next Generation Mycelium Wallet 17520

Mycelium, creators of The Default Bitcoin Wallet, have partnered with BlocPal International, a leading global fintech and blockchain technology company, to strengthen their offering of crypto-fiat features in their next generation Mycelium Wallet. The upgraded wallet will provide consumers with more options to use their crypto to transact with traditional fiat banking and payment related services. The partnership will also provide Mycelium users in the USA and Canada with a Mycelium credit card which can be loaded from their Mycelium wallet balances. Mycelium credit cards are also planned to be rolled out later to users across Europe, the United Kingdom and South America.

Mycelium is one of the world’s most established blockchain brands. The Mycelium wallet launched in 2012 and is now one of the most widely used digital wallets on the planet. With over 2.2 million downloads on the Android and Apple app stores, the platform has an active user base of over 235,000 users facilitating over 10 thousand daily cryptocurrency transactions. According to Alexander Kuzmin, founder and CEO of Mycelium, “this strategic partnership with BlocPal helps us continue to scale as a global, consumer focused brand. By offering more options to use crypto together with traditional fiat payment transactions and bank cards, we are able to deliver a powerful, fully integrated experience to our users.”

BlocPal is a Vancouver-based, global fintech company providing first-of-class enterprise, blockchain-based technology to both consumers and enterprise customers. BlocPal provides customers with digital transaction solutions via API and customized white label services. An essential part of the Company’s platform is the BlocPal blockchain which securely manages both crypto and fiat transactions with Know-Your-Customer (KYC) verification to ensure regulatory compliance. “We are really excited to have Mycelium integrate BlocPal’s services into the Mycelium wallet,” said Nick Mellios, CEO of BlocPal. “Partnering with such a well respected brand is a great way to showcase our integrated fintech services for digital wallets. We are committed to helping the Mycelium team achieve its goals for future service levels and consumer adoption.”

The upgraded Mycelium wallet will allow users to create native BlocPal blockchain wallet addresses and deposit BTC, ETH, XRP, BCH, BSV, LTC and USDT to their wallet address to conduct instant transactions with each of these cryptocurrencies. Using the crypto funds deposited, users will be able to load their virtual and physical Mycelium credit cards for transactions with merchants around the world. Users will also be able to recharge airtime minutes with over 132 countries worldwide, make bill payments and pay with crypto instantly at any merchant participating in the BlocPal merchant network.

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White Star Capital Announces the First Close of its $30M Digital Asset Fund 13560

White Star Capital, a global multi-stage technology venture capital investment platform, today announced the first close of its new $30M Digital Asset Fund. The new fund will invest in crypto-networks and blockchain-enabled businesses at each layer of the tech stack including protocols, infrastructure and applications. The Digital Asset Fund will deploy between $500,000 and $2.0 million in initial investments into 15-20 companies with a core focus in Europe and North America. The team will take a research-driven approach to maximize returns through early access in both equity and tokens. To date, the fund has made two investments: dfuse, a blockchain API company that helps developers build performant applications by organizing the world’s decentralized data; and Multis, a Y Combinator backed company, which offers “crypto-first” business banking accounts with an aspiration to bridge the gap between Decentralized and Legacy Finance.

The Digital Asset Fund marks White Star Capital’s first specialty fund and will be run by New York based General Partner Sep Alavi and supported by Principals Thomas Klocanas in New York and Sanjay Zimmerman in Toronto. The fund will also benefit from White Star Capital’s extended team in London and Paris, as well as a network of venture partners in Tokyo, Hong Kong, San Francisco and Switzerland.

As an early-stage investor since 2013, Sep has been investing in crypto assets and involved with blockchain companies for the past five years. Previous to joining White Star Capital, he spent 12 years working in capital markets in Paris, Chicago and New York City. Thomas, started his career as a research analyst in the fintech and financial sector at Barclays in London before spending two years at Consensys in New York and consulting for various blockchain projects such as Coinhouse and Blockstack. He joined White Star Capital eighteen months ago. Sanjay joined White Star Capital in Montreal in 2017 and was recently promoted to Principal after completing his MBA at INSEAD in Singapore, Philadelphia and Fontainebleau.

“Digital Assets are gaining adoption, and venture valuations and token round distributions have rationalized, which is an attractive entry point,” said Sep Alavi. “Incumbents are rapidly entering the space and embracing the next wave of innovation. At WSC Digital Asset, we are looking to partner with the next generation of startups building global networks and frictionless business models. We are actively interested in investing in crypto protocols, infrastructure and middleware, privacy, financial, gaming, and social use cases”

While regulation continues to evolve pragmatically and positively around the sector, enterprise and institutional giants like Fidelity, JP Morgan, Facebook, Walmart and Square are embracing blockchain technology at an accelerating pace and this is just the beginning. According to a report by Andreesen Horowitz, startup and developer activity in the space have been growing 53.9% and 74.4% CAGR since 2010.

“White Star Capital’s international footprint and network, as well as our team’s blockchain expertise position us well to make an impact in the digital asset sector,” said Eric Martineau-Fortin, Founder and Managing Partner of White Star Capital. “Our platform and network will give us access to exceptional deal flow from various companies across blockchain use cases.”

CelerX Becomes First Mobile Esports Platform on Blockchain to Surpass $3 Million in Player Winnings in One Month 16992

Since the global release of BUST-A-MOVE Real Money Tournament in July 2020, Celer Network’s mobile eSports platform CelerX has seen new record-highs in the number of games played each week and users making an average of $20 per day – with top users making $1,000+ per day. So far, mid-August has proven to be the biggest gaming day of 2020 and complements CelerX’s $3 million worth of player winnings across the mobile esports platform and game portfolio in one month.

Following the game’s recent introduction and joint collaboration with TAITO, Next Gaming and CelerX, BUST-A-MOVE is a leading skill-based game on iOS. As the world’s first mobile eSports app that runs on blockchain and the first (and only) approved by Apple to download, CelerX supports transactions made with cryptocurrency – including 20% of BUST-A-MOVE’s player deposits. Cryptocurrency offers borderless and permission-less benefits allowing players across the globe to access the game, even if they are part of the unbanked population.

“It’s no surprise that the mobile gaming market is pegged to become a $100 billion industry by 2021. But despite the rapid growth over the past decade, monetization strategies for game developers and the user’s experience has been in a holding pattern,” said Dr. Mo Dong, Co-Founder of Celer Network. “CelerX is proud to help reshape the industry with the world’s first mobile eSports app that runs on blockchain and provides a revenue model that benefits game developers and operators on a per match approach vs. in-app purchase or ad supported monetization. As a result, the companies we work with are generating ten times the Average Revenue Per Daily Active User (ARPDAU). BUST-A-MOVE is an incredible example of this successful model that offers an innovative user experience and the game has seen record growth in a short timeframe.”

The rise of BUST-A-MOVE is met by the decline of casino visits and an increased interest in gaming due to COVID-19. The closure of entertainment centers and casinos as part of the shelter-in-place orders and the pandemic has led to challenges for the gambling sector. To that end, the global market for casinos is expected to decline by 10.8% in the year 2020 (ResearchAndMarkets.com). Meanwhile, mobile esports has benefited from lockdowns and CelerX has seen double digit growth on daily active users and revenue month over month.

Finally, after adding 800,000 first-time players in 2020 with more than 6 million games played to date spanning an international reach, the CelerX platform now boasts more than 120,000+ active global players per month.

Secure Cryptophones 18633

In the recent past, various eye-opening revelations have been made about spying by government and private organizations. As a result, there has been a growing interest in how people can keep their communications private. After all, nobody likes to have his or her private conversations being snooped on.

Why Digital Privacy Matters So Much

Today, most people have their lives connected to their digital identities. With just a few keystrokes, hackers could empty your bank account and take measures that destroy your lives and the lives of those around you. Today, keeping your private communications is not simply a matter of philosophy; it is about guarding your livelihood. There are numerous examples of people who have their finances ruined because their private details leaked online.

How to Preserve Privacy

Today, there are various options for preserving privacy. For instance, you can opt to use a messaging service that offers end-to-end encryption. There are encrypted email services that allow you to send and receive encrypted emails to your friends and business partners. In general, there are numerous platforms and tools online to help you protect your privacy. It is especially important when you are sending sensitive documents with personal details.

Using Encrypted Phones

The problem with using encrypted apps and platforms is that communications still take place over an unsecured phone. As a result, even when those snooping on you cannot access these services, they can still access the phone itself and discover private details about you.

It is the reason why people seeking more protection are turning to encrypted phones. Cryptophones, as secure encrypted phones are called, offer a high degree of privacy protection compared to using individual apps. The pones use high-grade encryption to protect every aspect of the phone.

Consequently, those trying to gain access to any secure information will fail. Another benefit of these phones is that they encrypt voice communications between the two parties using the phones. The result is that anyone can discuss sensitive information on air without the fear that their information is visible to third parties, who might have malicious intent.

How to Pick a Secured Encrypted Phone

Besides communication, a modern Cryptophone should enable you to conduct financial transactions anonymously. You should thus go for a phone with full cryptocurrency supports. Cryptocurrencies ensure that your financial transactions do not go through a central hub, where they can be tracked.

Another you should look for is protection from GMS and GPS location tracking and IMSI catcher. The feature ensures that not only is your digital footprint protected but your physical movements also remain private.

A good example of a cryptophone that secures your privacy is the secure, encrypted Ano Phone from Germany. The phone is fitted with a protected Android OS that eliminates the risky backdoor APIs and Google library with tracking services. It arrives with a mobile-first secure private VPN service, and a firewall. It ensures all your private details remain protected at all times. The phone also brings support for cryptocurrencies and other payment options in favor of discerning customers. In recent comparisons and longterm tests, Ano Phone encryption on the hardware disk and the communication with end-to-end have been confirmed. In addition to the high-level security layer, it takes care of the OS performance, not slowing down though meeting the high encryption requirement and saving your battery with VPN running without leaks or interruptions.

Another option is the EMP line of phones from Canada. These phones also offer encrypted storage as well as secure voice and text communication. Other features included in the phone are secure call history protection, dynamic key generation after each call with same phone, and the lack of a central key management system. The device protects the data on the disk by software encryption. The product is not optimized for VPN usage for longterm but compatible for VPN on Wireless Lan without mobile data connections. By customer support, additional end-to-end communication tools can be purchased.

Besides, we found a lot of bad apples on the market with different brand names that still offer Google and Blackberry devices with built-in backdoors. Features like remote access, remote wipe, enrollment or distribution let you give up control to the provider, put privacy at risk and are a red flag.

Summary

In general, if your line of work entails handling sensitive communications over the internet, it is important to protect yourself. You never know what malicious actor could be dropping in on your calls. Cryptophones are also great for anyone who values their privacy and who wants to stay safe amidst the growing digitization of everyday life and the growth in cybercrime, especially identity theft.

Apollo Fintech Announces Completion of the First Blockchain National Currency Platform 19402

Blockchain company Apollo Fintech is announcing the completion of its National Payment Platform (NPP), an innovative cashless system that enables a central bank to issue a sovereign, digital currency (stablecoin) for national adoption. After central bank issuance, the NPP system enables a government agency and/or central bank to add commercial banks and agents. The entire platform has the capability to power an economy, from merchants to peer to peer transactions using its app, SMS, QR codes, cards, offline codes, and more.

Authorized banks can onboard citizens and merchants for mainstream transactions including currency deposits and withdrawals, currency exchange, money transfers and payments for goods and services.

National Payment Platform

“The National Payment Platform is the only blockchain-powered system that enables users to make digital payments through a sovereign currency,” says Stephen McCullah, CEO of Apollo Fintech. “The NPP enables regulated banks and commercial entities to harness the power of blockchain and facilitate frictionless transactions. This allows economic participants to save large amounts of time and resources and enables an economy to gain massive efficiencies at scale.”

Features include:

  • Online sign-up by merchants and citizens to facilitate easy accessibility and onboarding
  • Merchants can publish a product catalog to sell goods (and collect payments) directly on the platform
  • Merchants can use the point of sale system to sell goods and services locally
  • Deposit and withdrawal of funds via online wallet, as well as money transfers/remittances between wallets and abroad
  • Add bank cards to top-up funds or withdraw money
  • Generate efficiencies from frictionless transactions across an economy
  • The future benefit of quantum-resistant encryption of data on an immutable distributed ledger
  • Zero downtime of the database
  • Physically accessible throughout the country by government-approved agents/banks
  • The ability to make payments and check account data using only SMS

Mobile Money: Overcoming Challenges of Banking Access and Usability

The National Payment Platform is compatible with Apollo Cash, a cashless innovation that allows a traditional economy to transition to frictionless digital payments. The NPP removes the barriers of accessibility and usability by allowing physical access from any agent locally and by utilizing top up cards that could be sold in all major retailers. Unprecedented usability is offered by allowing digital currency transactions via mobile SMS and text messages, so anyone can use the system and benefit from blockchain.

“By solving accessibility and usability challenges, NPP in conjunction with Apollo Fintech’s other financial innovations can lead to accelerated mass adoption of digital payments and cashless transactions,” says McCullah. “When utilized, a government and central bank can leverage the security and transparency of blockchain on a national scale. This empowers a government to accelerate the transformation of a national economy and gain unprecedented efficiency, stability and economic control.”

Online Gambling & Bitcoin SV: a partnership fit for purpose 19150

For years, the gambling industry has been told bitcoin is the future but, as yet, there has been little substance to match the hype. CalvinAyre.com aim to bring simplicity and accessibility to world they feel is not being utilized simply through the understandable fear of the unknown.

The top line benefits should catch the eye enough to at least help betting operators read further: no chargebacks (the blockchain is an immutable ledger) and VERY low (less than a cent) transaction fees.

But here’s the bit that you may not know: Bitcoin in its original format (Bitcoin SV) is way more than a payment system, it benefits players, regulators, content providers and operators. The CalvinAyre.com Bitcoin for Gambling resource page offers detail on the what, why and how of bitcoin integration.

BSV also offers ‘provably fair’ gaming. How so? By recording game data on the Bitcoin SV blockchain. By writing slot spins or hand histories to the public ledger, recording the random seed that created them, players can then access these seeds and use the game’s algorithm, either provided on the operators site or a third party providers, to recreate the results for themselves.

But isn’t bitcoin all ‘black market’ and ‘dark web’? In a lot of instances, yes, but not with BSV. How so? Due to BSV’s commitment to follow laws and regulations, which all Bitcoin SV businesses subscribe to. BSV is an immutable ledger so every transaction and piece of data stored is transparent. Private does not mean anonymous.

Digital Asset Fintech Company, The Bayesian Group, Launch 21785

The Bayesian Group is a global digital asset fintech initiative consisting of a collection of strategically aligned businesses with the singular goal of moving the world into a frictionless, digital-first financial future. The Group currently operates with two distinctive pillars, namely:

i. Bayesian Markets: headed by Steven Walt, previously Head of OTC at Paycase Financial and National Bank (Canada). Bayesian Markets’ Market Making service uses proprietary trading bots to place multiple orders for particular digital assets across multiple exchanges, to boost overall liquidity. The Liquidity Provision service aims to provide wholesale liquidity to regulated digital asset on/off ramps to facilitate its use and broad adoption. Over The Counter (OTC) facilitates the purchase and sale of large amounts of digital assets, made possible by access to deep liquidity pools and proprietary trading algorithms without impacting market prices.

ii. Bayesian Fund: Headed by Kamyar Hazaveh, before joining Bayesian Group he was the Vice President of Fixed Income at CI Investments, overseeing $15 billion of global fixed income and FOREX assets for retail and institutional clients.

In the backend, the Toronto-based Group uses blockchain technology to make transactions and store data. After evaluating Ethereum, BTC Core, BCH and Litecoin, they decided to utilise the Bitcoin SV protocol. Many factors influenced this decision; however, at its core, the decision was based on the scalability of the network. The Bayesian Group believes in a world where everything is tokenized and transferrable to accomplish that fees need to be as low as possible to remove any barriers to entry.

The CEO of the Group, ex-Harvard, Computer Science alumnus with both legal and hedge fund background on the CV, Roy Bernhard, commented: “We have been open for business for a very short period of time so, to be already working with some household names in the digital currency world, shows me that we must be doing something right. We will roll out more details on how our services are truly unique in the coming weeks, We believe we have some algorithms and features that are game-changers in trading digital assets.”

About Bayesian Group:

The Bayesian Group is a collective of companies operating in the Fintech and Digital Asset Investment market. Bayesian Labs creates software, market research and trading algorithms. Built on top of that technology and research are financial services such as Market Making, Liquidity Provision and an OTC desk delivered by Bayesian Markets. The Bayesian Fund (a segregated portfolio) is an alpha-generating A.I-powered hedge fund that leverages proprietary algorithms to provide outsized returns to its institutional investors. The Bayesian Group is dedicated to showing the world the power of Digital Assets within a regulated, private, secure global economy.